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Author Question: The following information is available for Haven Industries:Actual production14,000 unitsBudgeted ... (Read 481 times)

mustachegiraffe

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on: Feb 5, 2023
The following information is available for Haven Industries:

Actual production14,000 units
Budgeted production14,400 units
Direct labor:
  Standard4 hours per unit at $10 per hour
  Actual54,720 hours at $9.80 per hour

Which of the following is the correct journal entry to record the direct labor payroll?
◦
Wages Payable560,000​
    Direct Labor Efficiency Variance​12,800
    Direct Labor Rate Variance​10,944
    Work in Process Inventory​536,256

◦
Work in Process Inventory536,256​
Direct Labor Efficiency Variance12,800​
Direct Labor Rate Variance10,944​
    Wages Payable​560,000

◦
Work in Process Inventory560,000​
    Direct Labor Efficiency Variance​12,800
    Direct Labor Rate Variance​10,944
    Wages Payable​536,256

◦
Wages Payable536,256​
Direct Labor Efficiency Variance12,800​
Direct Labor Rate Variance10,944​
    Work in Process Inventory​560,000
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by mustachegiraffe on Feb 5, 2023

FireandIce

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mustachegiraffe

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

ryhom

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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